Family Wealth Report Family Office Fintech Forum 2024

Deviate Consulting is a professional services firm that focuses on software selection, implementation, and back-office services for single and multi-family offices. Deviate is an independent, objective partner serving the best interests of our clients, resulting in successful long-term relationships. Deviate was founded in 2015 in Indianapolis and has a team of 20 consultants throughout the country.

AltExchange is an award-winning alternative investment management platform for Family Offices and Financial Advisors. AltExchange eliminates the friction associated with managing, reporting, and billing on Alts using machine learning technology to transform unstructured data into standardized, relevant performance data and automate complex processes. Along with workflows around managing Tax Documents, Capital Calls, and Distributions, AltExchange flows data directly into major wealth management systems (Addepar, Orion, Black Diamond, and Tamarac) for a holistic overview of wealth. For Family Offices, AltExchange improves existing complex processes, saves hundreds of hours of manual work, and reduces headaches for your team and clients with one automated, seamless solution.

Arch reduces the administrative burden of managing alternative investments: collecting K-1s; logging into the various fund portals; and manual tracking performance, cash flows, and metrics for entry into performance reporting and accounting tools.

Arch aggregates, standardizes, and transmits documents and data points into a single platform providing a digital tax list, on demand document repository, and up to date financial summary across all private holdings.

Asset Vantage (AV), founded in 2011, is a next-gen SaaS technology platform that automates performance reporting and accounting to create a real-time, consolidated, and reconciled view of a family’s entire net worth. Our vision is to empower families and their trusted advisors to make better investment decisions with a complete picture of their wealth. Our fully configurable software provides comprehensive portfolio reporting; an integrated general ledger for accounting, reconciliation, and data aggregation; and an analytics platform that encompasses all asset classes, currencies, advisors, and geographies.

More than 350 of the world’s wealthiest families, representing combined assets of over $125 Billion in value, use our family office software solution. We serve them through single-family offices, multi-family offices, CPA firms, trusts and financial institutions. AV has the distinction of being the only platform that’s truly global serving users across the Americas, UK, Middle East, Asia, and Oceania.

Collation.AI is a comprehensive data aggregation and reporting platform offering AI-driven backoffice, portfolio analytics, and client reporting solutions for Wealth Managers.

We originated from the WealthTech provider Canopy.cloud, which reports on over USD 170 billion in assets and is supported by many Family Offices, Credit Suisse, and UBS.

With its patented, AI-powered SaaS automation and collaboration platform, K1x digitizes and distributes IRS Schedules K-1, K-3, and 990 data seamlessly–connecting investors, advisors, tax software, portals, accounting firms, IRS and state taxing authorities.

SumIt is an intuitive family office accounting software that consolidates your financials across multiple entities with a couple clicks. We are specifically designed for you with Bill.com and Addepar integrations, and statements such as our net worth statement. Leveraged by accountants, controllers, CFOs, and principals, SumIt gives time and confidence back to family offices and a much simpler view of their complexity.

The Citco group of companies (Citco) is a network of independent companies worldwide, which are leading providers of asset-servicing solutions to the global alternative investment industry. With over $2 trillion in assets under administration, Citco has provided its clients with a trusted partner for more than four decades. Majority owned by the founding family, Citco has grown organically into one of the largest asset servicers in the industry. Citco’s Fund Services companies offer a full suite of middle office and back office services, including treasury and loan handling, daily NAV calculations and investor services, corporate and legal services, and regulatory and risk reporting, among others.

Founded by April Rudin in 2008 at the height of the financial crisis, the Rudin Group is a full-service marketing agency operating at the intersection of wealth management, next-gen and fintech. The firm was founded on the premise that wealth management firms need relevant and differentiated marketing in order to break through and succeed with their clients and prospects. The Rudin Group was brought into being to deliver on those essential qualities. The firm specializes in creating marketing campaigns and solutions for multi-family offices, wealth management firms, RIAs, hedge funds, private banks, private equity groups and other financial services firms who want to be visible in the UHNW/HNW space. The Rudin Group has expertise in multi-generational strategy, messaging and customized programs including compliant content creation, social/digital media, public relations and virtual events. The firm has deep expertise in maximizing visibility and industry thought leadership for firms and individual executives with UHNW/HNW clients and prospects and UHNW/HNW lead generation.

PEVCtech is a community for family offices, private equity funds, lenders, and VCs using technology and analytics to generate alpha.We share insights on technologies, data, and processes. We organize and co-sponsor events and collaboratively publish original research on best practices, including breakdowns of the tech stack of financial services firms. PEVCtech is a project of Versatile VC.

Private Wealth Systems is reimagining the world of ultra-high net worth portfolio management through a cloud-based platform uniquely designed to improve efficiency, accuracy and agility. UHNW individuals, family offices and private banks leverage Private Wealth Systems to transform how they aggregate investment data, validate data accuracy, report on multi-asset class portfolio performance and evolve complex investment portfolios over time. Private Wealth Systems’ UHNW portfolio management technology platform provides critical insights investors needs to effectively manage portfolio performance, risk and liquidity –delivering an accurate pulse of the portfolio. Visit privatewealthsystems.com

ProFundCom helps financial institutions raise and preserve AuM using digital marketing analytics. ProFundCom has been built using expertise and best practice from within the financial services industry. Our marketing analytics focus solely on the asset/investment management space and offer an integrated solution across all digital properties. We understand email/web traffic patterns of investment management clients and how you can leverage these behaviours.

The UHNW Institute was founded in 2019 to transform the wealth management industry to better serve ultra-high-net-worth families as they continue to evolve. As a nonprofit think tank and learning exchange, the UHNW Institute is elevating the wealth management industry to a new standard so that advisors and families can foster prosperous and meaningful relationships from one generation to the next. The UHNW Institute offers unbiased thought leadership, peer-to-peer collaboration, original content and programming, and more.

Versatile Venture Capital backs early-stage companies which help investors generate alpha and win. For example, we’re investors in alternative data, investment research, back-office tech, marketplaces for private companies, and salestech to help gather assets. We manage PEVCtech, a community for family offices, private equity funds, and VCs focused on using technology and analytics to make better investments in private companies. We also manage Founders’ Next Move, a community for founders researching their next move.

smartKYC’s AI software is used by banks to automate customer due diligence whether for remediation, onboarding, refresh or continuous monitoring; our technology drives faster, better, and more cost- effective KYC at every stage of the relationship – liberating human effort to focus on decision-making rather than laborious screening and research. smartKYC integrates all relevant KYC sources - external watchlists, media archives, open web search, private company data, internal blacklists and, like a human, it reads everything and extracts useful intelligence in the form of facts. smartKYC presents facts about risks like adverse media, but also provides insights into information like source of wealth, network risk and even ESG misdemeanours. Sophisticated hit scoring maximises relevance and minimises false positives. All of this is done at speed and at scale and, as such, straight through processing opportunities become obvious. In refresh or continuous monitoring mode, smartKYC watches only for net new risks as they emerge and never repeats what is already known.